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The S&P 500 index has formed a “triple top” technical model

The graph above reveals a concerning trend in the SPX. It appears to be forming a triple top – a bearish pattern indicating a potential downturn for the major U.S. stock index.

The graph above reveals a concerning trend in the SPX. It appears to be forming a triple top – a bearish pattern indicating a potential downturn for the major U.S. stock index.